- For Sale $650,000
- Property Type Multi-Family
- Property Size 1,798 SF
- Units 3
- Lot Size 0.22 Acre
- Cap Rate % 7.5
- Zoning R-H
- Additional Rent Contact for pricing
- Year Built 1910
- Date Updated Nov 7, 2024
• Location Overview: The Arlington Heights multi-unit house is conveniently located one block from the University of Northern Colorado with easy access to the rest of Greeley one block US Highway 34 Business Route, which goes from 8th Avenue (N/S) and heads east at 18th Street. • Property Construction: Built in 1910, Arlington Heights has been updated several times, most recently in 2024, is priced well below replacement cost, and is an excellent value for a historic infill property. • Unit Mix: Three unit two story house with desirable unit mix including: One 3 Bedroom, 1 Bathroom, One 1 Bedroom, 1 Bathroom non-conforming rear entry main floor unit, and One 2 Bedroom, 1 Bathroom basement unit. • Rent Summary: Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage separately leased for $150/month, and pet rent of $35/month. • Financial Summary: 7.5% Annual all cash return (Cap rate) and excellent 12.0 year return of purchase price to annual gross rents (Gross Rent Multiple) • Property Amenities: Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. • Unit Amenities: Unit(s) include central air conditioning and/or ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. • Unit Finishes: Unit(s) include two door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. • Location Amenities: Walking distance to University of Northern Colorado (UNC) campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars, and entertainment.
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Contacts
Location
Getting Around
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Walk Score ®
58/100 Somewhat Walkable -
Bike Score ®
70/100 Very Bikeable
- City Greeley, CO
- Zip Code 80631
- Market Denver
Points of Interest
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Conoco
0.36 miles
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Mobil
0.45 miles
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Everyday
0.96 miles
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King Soopers
1.09 miles
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Exxon
1.64 miles
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Kum & Go
1.65 miles
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Cosmic Market
1.77 miles
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7-Eleven
1.95 miles
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Loaf 'N Jug
2.16 miles
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Sam's Club
2.26 miles
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Downtown Greeley Park-n-Ride
0.85 miles
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Corpus Christi Lake
1.35 miles
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Greeley Regional Transportation Center Parking
1.76 miles
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Sanborn Park Parking
2.23 miles
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US 85 Evans Park and Ride
2.76 miles
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Greeley West Park
2.99 miles
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Lot B
4.09 miles
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Lot A
4.18 miles
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Rover Run Trailhead
4.24 miles
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Clarion Hotel and Conference Center
1.13 miles
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DoubleTree by Hilton Greeley at Lincoln Park
1.22 miles
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Rodeway Inn
1.52 miles
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Select Stay
1.54 miles
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Rainbow Motel
1.71 miles
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Americas Best Value Inn Greeley Evans
1.79 miles
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Heritage Inn
1.89 miles
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Fairfield Inn & Suites Greeley
1.94 miles
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Hampton
1.95 miles
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Super 8
2.01 miles
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Cheba Hut "Toasted" Subs
0.23 miles
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Chipotle
0.24 miles
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Bravos Philly's & Pizza
0.25 miles
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Roma Pizza
0.33 miles
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Blackjack Pizza
0.34 miles
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Sexy Sammies
0.35 miles
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Subway
0.42 miles
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Einstein Bros. Bagels
0.44 miles
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Winchell's Donut House
0.46 miles
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Sushi with Gusto
0.47 miles
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University of Northern Colorado
0.41 miles
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Weld County Greeley Evans 6 School District Facilities Department
0.55 miles
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Jefferson High School
0.66 miles
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Cameron School
0.72 miles
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Saint Peters School
0.82 miles
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Greeley Central High School
0.86 miles
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Lincoln School
0.92 miles
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Bella Romero Academy (K-3)
1.07 miles
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Salida del Sol Academy
1.16 miles
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Union Colony Elementary School
1.37 miles
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Eaton Early Learning Center
8.12 miles
Frequently Asked Questions
How much does 1825 7th Ave cost?
The space currently listed for sale at 1825 7th Ave asks for $650,000.
What is the total square footage of 1825 7th Ave?
1825 7th Ave totals 1,798 square feet.
When was this property built?
1825 7th Ave was built in 1910.
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